Nevada § 119A.524 - Reserved rights of developer
Full text of Nevada Nevada Revised Statutes § 119A.524 — Reserved rights of developer, with citation guidance and answers to common questions.
§ 119A.524. Reserved rights of developer
A developer's reserved rights may include, without limitation, the right to: 1. Add units or real estate to, and withdraw units or real estate from, a time-share
plan. 2. Create units, a common area or a limited common area within the project. 3. Subdivide units or convert units into a common area. 4. Make and complete improvements to the project. 5. Maintain sales offices, management offices and signs for advertising the time-share
plan, project and models. 6. Enter into a subsidy agreement with the association in lieu of paying the assessments
allocated to the time shares owned by the developer. 7. Provide for the establishment of a master association, as defined in NRS 116.063 . 8. Merge or consolidate a time-share plan with another time-share plan which has the
same form of ownership. 9. Relocate boundaries between adjoining units in accordance with the provisions of
this chapter.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119A.524
What does Nevada Revised Statutes § 119A.524 cover?
Section 119A.524 ("Reserved rights of developer") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 119A.524?
A common citation format is "Nevada Revised Statutes § 119A.524" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 119A.524 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.